Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

OpenTug, Blessey Marine Services to Implement BargeOS Invoice Solution

OpenTug, Blessey Marine Services to Implement BargeOS Invoice Solution

Defunct Inland Waterways Users Board May be Dubious

Defunct Inland Waterways Users Board May be Dubious

Bangladesh Seeks US LNG Amidst Global Supply Disruptions

Bangladesh Seeks US LNG Amidst Global Supply Disruptions

Seacap, Shorly Enter Partnership for Port Transitions

Seacap, Shorly Enter Partnership for Port Transitions

Subscribe for Maritime Logistics Professional E‑News

Air Canada shares rise after a loyalty program deal, and the airline expects a strong fall season.
YPF's oil exports via VMOS have reached 180,000 bpd since January
British grid operator cancels request for backup power during Solar Eclipse hours